Math, asked by vishaindia860, 9 months ago

Kunal invested Rs.75600 on compound
interest at 25% per annum in two bank
accounts in the name of his two children
Vikash and Kavita who are 20 ears and 17
years old respectively such that they get
equal amount at the age of 50 years. Find
the amount invested by him in the account
of Vikash.

Answers

Answered by Sakshi3090

Answer:

This aptitude question appeared as a part of the quantitative reasoning and data interpretation section of the XAT 2015. Question 12 of a total of 33 questions that appeared in this section in XAT 2015. This one is a medium level difficulty question and tests the concept of computing the principal invested in compound interest.The explanation walks you through an interesting way to assigning variables and solving them effectively.

Step-by-step explanation:

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Kunal invested Rs.75600 on compoundinterest at 25% per annum in two bankaccounts in the name of his two childrenVikash and Kavita who are 20 ears and 17years old respectively such that they getequal amount at the age of 50 years. Findthe amount invested by him in the accountof Vikash.​

Answers

HOPE THIS HELPS YOU FRIEND AND STAY SAFE AND THANKS ❤

Kunal invested Rs.75600 on compound
interest at 25% per annum in two bank
accounts in the name of his two children
Vikash and Kavita who are 20 ears and 17
years old respectively such that they get
equal amount at the age of 50 years. Find
the amount invested by him in the account
of Vikash.